In March, annual inflation in France slowed to 1.1% from 1.3% a month earlier. This final assessment of the March inflation rate, based on national standards, was presented by Insee. Compared with February, consumer prices rose 0.8%. Both indicators confirmed the forecasts of experts and coincided with a preliminary assessment of the statistical agency. The rise in food prices amounted in annual terms to 2.5%. Regarding February, they have risen in price by 0.2%. The cost of energy increased during the year by 5.1% after rising by 3.2% in the previous month. Prices for clothes and shoes decreased by 0.3%. Services went up by 0.6%. Inflation calculated by the standards of the European Union amounted to 1.3% in March, which is the lowest level since February 2018. Compared with February, consumer prices rose by 0.9%.
June had seen Philippine inflation advancing faster than what was initially thought. This followed after one of the world’s longest coronavirus lockdowns was lifted. Moreover, food, fuel prices, and the transport index were seen at higher ...
Taiwan's exports for June has been forecasted to have dropped by 3% in contrast to a year earlier, according to a median forecast of 13 analysts polled by Reuters. The results are based on the uncertainties of the COVID-19 pandemic as it continues ...
Asian shares traded slightly higher earlier on Wednesday after China released gloomy inflation data on the same day. China’s Shanghai Composite slid by 0.68% at 10:48 PM ET (3:48 AM GMT), while the Shenzhen Component inched up by 0.9%. Hong ...
France is expected to recover in 2022, forecasting that the country’s economy will recuperate from its sharpest post-war recession brought by the novel coronavirus crisis, the central bank said on Tuesday. Europe’s second-largest ...
India’s gross domestic product data due today is expected to reveal weak results, indicating that the economy is at its slowest pacing in at least two years in March. Dampened expectations were mainly from struggling consumer demand ...